Country Facts
  • Capital Maputo
  • Urban population 39.9%
  • Population 35.6 M
  • Median age 16.6 Yr
  • GDP 21 Bn USD
  • Official Language Portuguese
  • Currency Mozambican metical
E-Commerce Facts
  • E-commerce market revenue 703 M USD
  • E-commerce growth 30%
  • Online shopping habits To pay online, 64% of locals above age 15 use Mobile Money.
  • People with mobile phone (% age 15+)
    54.6%
  • People with internet access (% age 15+)
    30.2%
  • People with bank account (% age 15+)
    38.6%
  • People with credit card (% age 15+)
    10.9%
  • Mobile Money users (12.7 M)
  • Total population >15 years
Growth Opportunities

International merchants looking to expand their online sales into Mozambique have a lot of opportunities in this country. Here are a few examples among many others:

● With only 38% of the adult population having a bank account and minimal credit card usage, mobile money payment method is preferred. Such payment option is already used by 64% of adult Mozambicans, making mobile payments the preferred digital payment method for E-commerce transactions.

● The E-commerce market of 703 M USD in Mozambique is growing further rapidly, with an expected compound annual growth rate (CAGR) of 30%. By 2029, it is expected that the E-commerce market will be 2 billion USD.

● Digital infrastructure in Mozambique is developing rapidly. Mobile penetration in Mozambique is at 55%, and ongoing investments in 4G, 5G networks are enhancing internet access. Affordable smartphones are also making digital services more accessible to a broader audience.

The E-commerce sector of Mozambique is expanding quickly. With strategic investments into infrastructure, it has a lot of room to grow in the near future.